{"id":910982,"date":"2025-03-04T08:07:10","date_gmt":"2025-03-04T02:37:10","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=910982"},"modified":"2025-03-04T08:29:26","modified_gmt":"2025-03-04T02:59:26","slug":"ola-electric-to-lay-off-over-a-thousand-employees-amid-declining-sales","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/03\/04\/ola-electric-to-lay-off-over-a-thousand-employees-amid-declining-sales\/","title":{"rendered":"Ola Electric to lay off over a thousand employees amid declining sales"},"content":{"rendered":"<p>MUMBAI: Electric two-wheeler manufacturer Ola Electric is laying off over a thousand employees and contract workers as part of a cost-cutting measure to address mounting losses. According to Bloomberg, the layoffs are part of a broader restructuring effort aimed at optimizing operations and steering the company toward profitability. <\/p>\n<p>When contacted, an Ola Electric spokesperson said, \u201cWe have restructured and automated our front-end operations, delivering improved margins, reduced costs, and enhanced customer experience while eliminating redundant roles for better productivity.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI: Electric two-wheeler manufacturer Ola Electric is laying off over a thousand employees and contract workers as part of a cost-cutting measure to address mounting losses. According to Bloomberg, the layoffs are part of a broader restructuring effort aimed at optimizing operations and steering the company toward profitability. When contacted, an Ola Electric spokesperson said, \u201cWe have restructured and automated our front-end operations, delivering improved margins, reduced costs, and enhanced customer experience while eliminating redundant roles for better productivity.\u201d<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[75,4,17],"tags":[],"class_list":["post-910982","post","type-post","status-publish","format-standard","hentry","category-it-2-the-new-indian-express","category-newspapers","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/910982","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=910982"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/910982\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=910982"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=910982"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=910982"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}